Saturday, July 12, 2014

Corporate Governance

Print Release: "The Companies Act 2013 and Rules made thereunder contain essential features of corporate governance which are to be compulsorily adopted by companies/specified classes of companies. Besides, stricter norms for corporate governance are also prescribed by SEBI for the listed companies by way of the listing agreement. The policy document prepared by the Committee was examined in the Ministry and it was noted that almost all the policy elements considered by the Committee on Corporate Governance (Adi Godrej Committee) stand incorporated in the Companies Act, 2013 which was enacted a little after the submission of the report of the Committee "



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